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View Full Version : "Cost of Government Day" Later Than Ever Before




Matt Collins
09-17-2009, 03:40 PM
http://origin.ih.constantcontact.com/fs073/1102236309048/img/171.jpg?a=1102712482482



The average American had to work a record 224 days this year to pay his or her share of the cost of government.

That's the shocking claim (http://rs6.net/tn.jsp?et=1102712482482&s=57420&e=001sRYaKQT98omRzWFyRtAfLJ2QrYerupKm9OTyr3yvpYH9v JPIpVLajCGQZhccZhKtRtUlS-UcZgQKUq-_kHHuCzQdqphi-7FRmM8_Xi5RYDk-LLsnl7DCOY4mKj0Yi-QQ) of Americans for Tax Reform, a non-partisan organization that works for smaller taxes and smaller government

Each year ATR calculates "Cost of Government Day." That's the day of the calendar year when the average American worker is -- finally! -- finished paying off his or her share of the total cost of federal, state and local government spending and regulation.

This year, Cost of Government Day didn't arrive until August 12 -- the latest date ever. That means it took, according to ATR, an astounding 224 days before the average American had earned enough to meet the costs imposed on them by government.

Put another way, in 2009 the cost of government consumes a whopping 61.34 percent of national income.

Last year's Cost of Government Day date was bad enough: July 16, the fifth latest in 32 years. This year's record date breaks the old record (July 20, 1982) by fully 23 days.

"Bailouts, big budgets, cap and trade energy costs and government medicine move[d] Cost of Government Day one month later than last year," said Grover Norquist, president of ATR.

Chief reasons for the massive increase include:

*The $750 billion Troubled Asset Relief Program (TARP) program last fall.

* The $787 billion stimulus bill.

* Overall federal spending, which consumes an incredible 30.36 percent of national income this year -- forcing the average American worker to work 111 days out of the year.

The Cost of Government Day report (http://rs6.net/tn.jsp?et=1102712482482&s=57420&e=001sRYaKQT98omRzWFyRtAfLJ2QrYerupKm9OTyr3yvpYH9v JPIpVLajCGQZhccZhKtRtUlS-UcZgQKUq-_kHHuCzQdqphi-7FRmM8_Xi5RYDk-LLsnl7DCOY4mKj0Yi-QQ) offers compelling evidence that America has entered a new era of big, big, BIG government. No wonder so many folks are feeling the pain -- and expressing their outrage.

lbadragan
09-17-2009, 05:02 PM
Incredible.

bunklocoempire
09-17-2009, 05:37 PM
The pdf is stomach churning.


Bunkloco